Endowment Assurance
Santosh
The most popular PLI plan. A guaranteed lump sum (sum assured + bonus) on a fixed maturity date, with full cover on earlier death.
Suitable for
People saving toward a fixed goal — retirement, a milestone — who also want life cover.
Key features
- Guaranteed sum assured + bonus on your chosen maturity date
- Full sum assured + bonus paid on earlier death
- Choice of maturity ages to match a goal
- Terminal bonus eligible if term ≥ 20 years
Important conditions
- Bonus not payable if surrendered within 5 years
Documents required
- Completed proposal form (in capital letters)
- Identity proof (Aadhaar / PAN / Voter ID / Passport)
- Age proof & address proof
- Proof of eligibility (PLI) / rural residence (RPLI)
- Recent passport-size photographs
- Medical examination report where required by age / sum assured
FAQs
What maturity ages can I choose?
35, 40, 45, 50, 55, 58 or 60 years.
What if I die before maturity?
The full sum assured plus accrued bonus is paid to your nominee.
When can I borrow against it?
After 3 completed years.